WuBlockchain’s WhiteLine Daily said the AI infrastructure theme is moving into a new phase defined by external financing, rising custom ASIC adoption, and profit realization at memory makers. Broadcom is in talks to raise more than $60 billion in debt through a special purpose vehicle to support computing buildouts for AI customers including Anthropic and OpenAI. Earlier financing arrangements with Blackstone and Apollo totaled $35 billion, with the first phase expected to add 1 GW of capacity for Anthropic and the broader platform targeting more than 20 GW by 2028. The report also highlighted Google’s expanded custom AI chip partnership with Marvell. Google received stock subscription rights in Marvell worth up to about $12.2 billion, and the deal could generate as much as roughly $120 billion in revenue for Marvell by fiscal 2033 if targets are met. In memory, Micron said it will invest $10 billion over the next decade in Boise, Idaho, on a new memory and AI research center. Samsung Electronics and SK Hynix were also cited as examples of AI memory demand translating into cash flow and larger shareholder returns.

Market chatter cited by ChainCatcher says Broadcom (AVGO.O) is seeking to raise more than $60 billion in what was described as the latest artificial intelligence debt transaction. The brief report only mentions the company, the AI-related debt deal, and the funding target of more than $60 billion. No other terms, timeline, counterparties, or transaction structure were disclosed in the item. The note was published by ChainCatcher under its market analysis category.

Marvell has confirmed in a filing with the U.S. Securities and Exchange Commission that it is expanding its chip partnership with Google, with the two companies set to co-develop customized semiconductor products for Google’s Tensor Processing Unit, or TPU, ecosystem. The scope includes AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing technologies. As part of the agreement, Marvell granted Google warrants to buy up to 58,970,907 shares at $206.58 each, for a total value of about $12.2 billion. The package represents roughly 7% of Marvell and would make Google its fifth-largest shareholder, with the warrants valid through Aug. 18, 2033. About 1.36 million shares will vest evenly over the first year, while more than 57.6 million additional shares unlock in 240 tranches tied to every $500 million in revenue Marvell generates from the partnership, implying about $120 billion in cumulative revenue would be needed for full vesting. After the news, Marvell rose as much as 9.85% intraday and closed at $237, while Broadcom fell more than 5%.

Goldman Sachs said investor concerns over MediaTek and AMD taking ASIC share from Broadcom may have gone too far, arguing that the current setup has created a buying opportunity rather than a reason to step back. In a second-quarter preview dated Aug. 18, the bank kept its Buy rating on Broadcom and reiterated a $525 price target, versus a current share price of $392. Goldman said the market has become too conservative on competition, leaving Broadcom’s AI revenue outlook and networking business underappreciated. The firm projects Broadcom’s AI revenue at roughly $57 billion in FY2026, broadly in line with consensus, and $133 billion in FY2027, about 12% above consensus. Goldman said that gap points to a systematic underestimation of Broadcom’s competitive position next year. The report said the stock’s reaction after earnings will likely depend on three issues: quantified guidance for FY2027 AI revenue, updates on the ASIC competitive landscape, and data center readiness for FY2027 deployments. Goldman also argued that Broadcom’s edge lies not only in chip design but in high-volume manufacturing, delivery history, and customer relationships, while data center capacity remains the key bottleneck for the broader AI supply chain.

Situational Awareness LP, the fund run by Leopold Aschenbrenner, has disclosed its quarterly 13F filing for positions held as of June 30, offering the clearest view yet into the portfolio that preceded its recent collapse. The filing shows a nominal portfolio worth about $20.24 billion spread across 26 positions, but the diversification was mostly superficial: the fund had concentrated more than half of its disclosed exposure in SanDisk and Micron, with much of the rest tied to the same broad thesis around AI infrastructure, including power, advanced manufacturing, cloud compute, data centers, and related capacity buildout. The report also highlights a decisive shift from the prior quarter. In Q1, the fund had held more than $8 billion in put options tied to major chip and storage names and related vehicles, including SMH, NVDA, ORCL, AVGO, AMD, and ASML. By Q2, those downside hedges were gone. At the same time, Micron and SanDisk call options were closed and replaced with large outright equity stakes. According to Odaily, that move turned what had been a hedged structure into an effectively unprotected long book just before a broad selloff in AI and storage names. Weeks earlier, the fund had already suffered major losses as AI-linked stocks retreated and leverage amplified the drawdown, forcing large-scale liquidation of public-market holdings. Odaily said most of the stock portfolio was later sold at a discount to Citadel, the firm founded by Ken Griffin.

Tiger Global Management made broad portfolio changes in the second quarter, according to a BlockBeats brief published on Aug. 15. On the selling side, the fund cut its holdings in Broadcom by 51.1% to 1.8 million shares, Alphabet Class A by 45.4% to 5.8 million shares, and Taiwan Semiconductor Manufacturing by 12.3% to 4.9 million ADS. It also reduced Microsoft to 2.3 million shares, Meta Platforms Class A to 2.8 million shares, Nvidia to 11.2 million shares, and JD.com to 201,500 ADS. On the buy side, Tiger Global raised its Intel position to 4.3 million shares and opened new stakes in AMD and SpaceX. The new positions were 674,000 shares of AMD and 375,000 shares of SpaceX. The fund also fully exited Netflix during the quarter.

U.S. stocks finished lower on Friday, Aug. 15, according to BlockBeats. The Dow Jones Industrial Average was initially down 0.20%, the S&P 500 fell 0.17%, and the Nasdaq dropped 0.28% at the close. Among individual names, drone technology company Unusual Machines (UMAC.N) surged 24.83%. Storage-related stocks kept rising, with SanDisk (SNDK.O) up 7.39% and Micron Technology (MU.O) gaining 2.3%. Semiconductor shares were mixed during the session: AMD (AMD.O) rose 6.5%, while Broadcom (AVGO.O) fell 5.94% and Applied Materials (AMAT.O) declined 5.12%. The move left the three major indexes in negative territory while stock performance across storage and semiconductor names diverged.

A wallet bought AVGO on the spot market during a period of no liquidity and ended up paying far above the prevailing price, according to monitoring data cited by Odaily. HyperliquidNews said the address placed three market orders to buy AVGO spot. The average execution price came in at $99,173, while AVGO was trading at $393 at the time. That put the fill price at 252 times the market price. The trade resulted in a loss of $49,792 for the address. Odaily attributed the monitoring data to HyperliquidNews and said the related information was provided by @Versace_Trader. No additional identity details for the wallet were disclosed in the brief. The report focused on the mismatch between the executed prices and the quoted market price under illiquid conditions, with the three market orders producing a sharply distorted average entry price.